United states half dollar

WASHINGTON: The number of international students entering U.S. colleges and universities has fallen for the second year in a row, a nonprofit group said on Tuesday (Nov 13), amid efforts by the Trump administration to tighten restrictions on foreigners studying in the United States.New enrollments for the 2017-18 school year slumped 6.6 per cent compared with the previous year, according to an annual survey released by the Institute of International Education. That follows a 3.3 per cent decline in new international students tallied in the 2016-17 academic year.Several factors are driving the decrease. Visa and immigration policy changes by the Trump administration have deterred some international students from enrolling, college administrators and immigration analysts said.A strong dollar has made U.S. college tuition relatively more expensive, Canadian and European universities are competing fiercely for the same students and headlines about mass shootings also may have deterred some … [Read more...] about Fewer foreign students coming to United States for second year in row: Survey

Back in 1965, Valéry Giscard d’Estaing, then France’s minister of finance, famously called the benefits that the United States reaped from the dollar’s role as the world’s main reserve currency an “exorbitant privilege.” The benefits are diminishing with the rise of the euro and China’s renminbi as competing reserve currencies. And now US President Donald Trump’s misguided trade wars and anti-Iran sanctions will accelerate the move away from the dollar. The dollar leads all other currencies in supplying the functions of money for international transactions. It is the most important unit of account (or unit of invoicing) for international trade. It is the main medium of exchange for settling international transactions. It is the principal store of value for the world’s central banks. The dailyReport Must-reads from across Asia - directly to your inbox The US Federal Reserve acts as the world’s lender of last resort, … [Read more...] about Trump’s misguided policies will displace the dollar

In the extreme chaos of Donald Trump’s presidency, an event five months ago can feel like five years ago. Case in point: the US president ending the strong dollar policy. On Jan. 24, Treasury Secretary Steven Mnuchin did just that, sending the US currency reeling and Asian blood pressures surging. It didn’t work, though. In fact, the dollar just had the best three-month run of the Trump era. Are we on the cusp of the dollar rally bulls have been predicting? The dailyReport Must-reads from across Asia - directly to your inbox Perhaps, as the divergence between Federal Reserve policies and the rest of the globe widens. US data are solid, suggesting America’s heavy lifting in the years after the 2008 global crisis is paying off. The Republican Party’s $1.5 trillion tax cut added more fuel – fuel that an economy near full employment didn’t need. Data elsewhere are softening. Europe, Japan and even China are losing altitude, reducing the … [Read more...] about Dollar’s surprising strength challenges Asia

REUTERS: Currency market moves as a result of the trade dispute between the United States and China have more or less run their course and only a flare-up in the conflict will change the outlook significantly, a Reuters poll of strategists suggests."While the prospect of a trade war has leapt to the number one risk for global investors following China's swift retaliation to U.S. tariffs, FX markets have taken on the role of a casual observer," said Viraj Patel, FX strategist at ING."This cold trade conflict will most likely need to heat up in order to spill over into the currency arena."Global equities have taken a beating over the past month on fears a wider fallout from the Sino-U.S. trade row could harm the global economy, which was already showing signs of shifting into a lower gear.While little short-term movement was predicted in the latest Reuters poll of over 60 foreign exchange strategists, taken April 3-5, the dollar was forecast to weaken over the coming year, unchanged from … [Read more...] about Trade war or not, weak dollar trades here to stay: Reuters poll

WASHINGTON: The leading U.S. consumer protection regulator and attorneys representing 37 states stepped up pressure on Facebook Inc on Monday to explain how the social network allowed data of 50 million users get into the hands of a political consultancy.The U.S. Federal Trade Commission took the unusual step of announcing that it had opened an investigation into the company - which it generally only does in cases of great public interest - citing media reports that raise what it called "substantial concerns about the privacy practices of Facebook."On the same day, a bipartisan coalition of 37 state attorneys wrote to Facebook, demanding to know more about the company's role in the manipulation of users' data by the consultancy, Cambridge Analytica, which used it to target U.S. and British voters in close-run elections.“These revelations raise many serious questions concerning Facebook’s policies and practices, and the processes in place to ensure they are followed,” … [Read more...] about US regulator, state attorneys look for answers from Facebook